Garage for sale

Renatec Garage ServicesKings Road,Brislington,Bristol,BS4

Sold STC 174 sq. m. | £370,000

Property Description

Commercial information

  • Business for sale
  • 1,872 sq ft (174 sq m)

Key features

  • REF: 1790
  • FREEHOLD
  • GARAGE
  • DEVELOPMENT

Full description

LOCATION
The business is located in the town of Brislington, just on the outskirts of the City of Bristol in South West England.

Renatec Ltd operates from a fully fitted unit within a densely populated residential area of the town. We are advised there are circa 4000 homes within a 1 mile radius. The business is readily accessible by road sitting in between the main A4 and A37 trunk roads and the M32 is just a short drive away providing easy access to national motorway network. The business also benefits from a bus stop in the vicinity.

BUSINESS
Hilton Smythe welcomes to the market Renatec Ltd. The business has been successfully run and managed by our clients since 1991 and is very well known in the area, with an excellent reputation resulting in much repeat business and word of mouth referrals.

Renatec Ltd specialises in the servicing and mechanical repairs mainly to class 4 vehicles. Revenue is also derived from a popular MOT service with around 20 MOT'S a week currently being accomplished. Our client, an experienced Mechanic, also provides diagnostic services, however he will continue this arm of the business elsewhere. The business reports a staggering turnover considering that no marketing has ever been undertaken. With circa 4000 homes within the vicinity, we believe the potential to acquire new business through a marketing campaign can easily be obtained.

We are advised that the unit is on an unadopted road with 33 parking spaces and that in 4 years time the business can claim the road/land. Additionally, the premises on either side of the business have been converted to flats offering the potential for the unit to be demolished and also converted to living accommodation, subject to the correct planning permissions.

Early viewing of this very profitable business with the potential for future development is highly recommended.

PREMISES
Detached industrial unit circa 1900sq ft.

Located on an unadopted road with large parking facility for up to 33 vehicles.

Reception/office area and toilet facilities.

Roller shutter doorway leading to open plan workshop with 3 ramps and MOT inspection pit. Full inventory of equipment including trolley jacks, compressor, welder, engine hoists, waste oil burner and exhaust extraction system.

TENURE
We are advised Freehold.

HOURS
The business opens-:

Monday to Friday 8.30am - 5.30pm.

STAFF
The business is owner run and managed with the assistance of 2 full time and 1 part time members of staff.

FINANCIAL PROFILE
The business reports a healthy turnover of 333,000 plus VAT per annum with gross profit at 61%.

Nearest stations

  • Bristol Temple Meads (1.1 mi)
  • Lawrence Hill (1.3 mi)
  • Bedminster (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bristol Temple Meads (1.1 mi)
  • Lawrence Hill (1.3 mi)
  • Bedminster (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 1790. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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